The Reserve Bank of India agreed to pay out 571 billion rupees ($7.6 billion) to the government this financial year, following a closely watched board meeting on August 14. The Indian government has been seeking…
Read More
The National Bank of Angola has finally reopened its office in the south-east of the country, after delays to the renovation project. The site, located in Menongue, was last open in the mid-1990s. According to a…
Read More
Eurozone: The European Central Bank’s executive board has appointed Isabel Vansteenkiste as director-general for European and international relations, it announced on September 13. Vansteenkiste is currently the ECB’s deputy director-general for monetary policy, and was…
Read More
The digital yuan trial for the 2022 Winter Olympics is “on the home straight”, according to Fan Yifei, deputy governor of the People’s Bank of China. Fan has visited the venues of the winter games…
Read More
The revolution in technology innovation during the past few years is not just disrupting the financial services industry. It looks set to change our perceptions about money, banking and finance. As a result, regulators face…
Read More
Ivo Maes with Ilaria Pasotti, Robert Triffin: a life, Oxford University Press, 2021, 256 pages The unassuming subtitle of this book captures an extraordinarily influential life. Best known for identifying the Triffin dilemma, Robert Triffin’s work…
Read More
The governors of a number of African central banks debated the serious challenge that Africa’s rising debt could pose to financial stability at an annual congress last week, with most believing that rising borrowing will…
Read More
The Bank of Canada intends to move to a policy of keeping its sovereign debt holdings “roughly stable”, governor Tiff Macklem told business leaders on September 9. He did not lay out a timetable for when…
Read More
The Federal Reserve Bank of San Francisco Pat Toomey, the ranking Republican on the Senate banking committee, has accused the Federal Reserve Bank of San Francisco of conducting research projects with a partisan bias. In…
Read More
The UK’s government said it aims to become the first in the world to mandate all firms to disclose their financial exposures to climate risk. The UK’s finance minster Rishi Sunak laid out the plan…
Read More